Markets
LME aluminium may fall towards $2,731 this week
- The current wave c is unfolding towards $2,731
SINGAPORE: LME aluminium may break a support at $2,823 a tonne this week and fall to $2,731.
A temporary top formed around a key resistance at $2,974. The correction triggered by this barrier may consist of three waves. The current wave c is unfolding towards $2,731. Resistance is at $2,899, a break above which could lead to a gain to $2,974.
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